Repayment Order Clause Samples

Repayment Order. 6.1 If the total amount repaid by Party B is lower than the total amount of payables on the term day according to this Agreement, this is the order of payables: 6.1.1 Fees, compensation, penal sum according to law or this Agreement; 6.1.2 Default interest, compound interest; 6.1.3 Interest payable;
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Repayment Order. 3.4.4.1 The Repayment Order is as follows unless otherwise provided by the parties: (1) The money shall be used to repay the Loan where the Borrower specifies that; (2) The Lender is authorized to determine Repayment Order and amount where the Borrower does not specify that and there are several matured debts which cannot be settled; (3) The Lender is authorized to determine the offset amount and offset order where the Lender exercises the right of set-off in accordance with the laws and regulations and the Contract; The Lender is authorized to determine the offset amount and offset order where the Lender exercises the right of subrogation in accordance with the laws and regulations and the Contract. 3.4.4.2 The Lender is authorized to choose the money to repay the principal, the interest, Penalty Interest, Compound Interest or the relevant fees to collect the Loan.
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Repayment Order. The Borrower shall reimburse any and all out-of-pocket fees and costs that the Lender distributed on behalf of the Borrower under this Agreement and any and all costs and expenses that the Lender incurred to claim its rights under this Agreement first, then repay the due interests and principles to the Lender.
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Repayment Order. 3.4.4.1 Unless otherwise agreed, repayment will be settled in the following order: (1) If the Borrower specifically clarify to which loan the repayment shall apply, the repayment will be applied to that loan; (2) If the repayment for certain loan is not explicitly specified by the borrower, and there are a number of maturing loans between the borrower and the lender, and repayment is insufficient to satisfy all the debts due, the debt will be settled in order that is determined by the lender; (3) If the lender exercises its offset right against the borrower pursuant to the law or the contract, the debt to be offset and the offset order will be determined by the lender. If the lender exercises its right of subrogation, the settlement of debt and the settlement order with the payment from the secondary debtor will be determined by the lender. 3.4.4.2 If the borrower’s payment is insufficient to satisfy the full amount of the loan, the lender may choose to apply the payment to satisfy in the order of the principal, interest, penalty interest, compound interest or the administration cost of the loan.
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Repayment Order. 3.7.2.1 Unless otherwise agreed by the parties, the borrower's repayment shall be repaid off in the following order: (A) When there are several due debts between the borrower and the lender and the borrower's repayment is not sufficient to repay off all due debts, the debt settlement and offset order by the borrower's payment shall be determined by the lender;
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Repayment Order. Any repayment from Party A hereunder shall be made first to satisfy the interest accrued and then the balance of the principal. Any adjustment shall be subject to the written notice from Party B.
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Repayment Order. The repayment of the borrower, unless otherwise agreed in writing by both parties, shall be paid off in the following order: 5.1 If both parties have several due debts, and Party B's repayment is not enough to pay off all due debts, Party A shall determine the debts to be paid off and the order of offsetting; 5.2 If Party A exercises the right of offset against Party B, the debt to be offset and the order of offset shall be determined by Party A; If Party A exercises the right of subrogation to Party B, the offsetting debts and offsetting order shall be determined by Party A; 5.3 If Party B's repayment is not enough to pay off the debt, Party A can choose to use the repayment to pay off the principal, interest, penalty interest, compound interest or the cost of realizing the debt.
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Repayment Order. 3.6.2.1 Unless otherwise agreed by both parties, repayment of the Borrower shall be made in the following order: (1) If there are several loans due between the Borrower and the Lender and repayment of the Borrower is insufficient to pay off all the loans due, the loan to be repaid and the priority of the Borrower’s repayment shall be determined by the Lender. (2) If the Lender exercises the right of set-off against the Borrower in accordance with the law or the Contract, the loan and the priority of the set-off shall be determined by the Lender. If the Lender exercises the right of subrogation according to law, the debts paid by the sub-debtor to the Lender and the order of repayment shall be determined by the Lender. 3.6.2.2 If the Borrower's repayment is not enough to pay off the loan, the Lender can choose to use the repayment to pay off the principal, interest, penalty interest, compound interest, or the cost of realizing the debt.
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Repayment Order. The Bank shall set-off the funds deposited in the Client's current account specified in Section IV.3 of this Loan Agreement against any due claims that the Bank may have against the Client in the following order: a) reimbursement for losses and costs incurred by the Bank; b) Charges;
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Related to Repayment Order

  • Stop Payment Orders If you do not want us to pay a check you have issued, you can request us to stop payment of that check. Any Authorized Representative may order us to stop payment on a check and we will charge a fee. See the fee schedule applicable to your Account for details. Your stop payment order must include your Account number, the number and date of your check, the amount, and the name of the payee. We are not responsible for stop payment orders with incorrect or incomplete information. If you make your stop payment order orally and do not confirm it in writing within fourteen (14) calendar days, we may not continue to honor it. Our acceptance of a stop payment order will not constitute a representation that the Item has not already been paid or that the Bank has had a reasonable opportunity to act upon the order. Your stop payment order will take effect only after we receive all required documents from you, we verify that the check is unpaid, we record it on your Account, and we have had sufficient time to notify the impacted areas of the Bank (which may take several days), and we will not be liable if we pay the check or for any related Losses you incur before the stop payment order has taken effect. We cannot stop payment on a check we have already cashed or a deposited check where the funds have already been withdrawn. You may not stop payment on money orders issued by the Bank or on official, certified, cashier’s, or teller’s checks issued by the Bank. In addition, you may not stop payment on checks governed by separate agreement, such as a check guaranty agreement. Your stop payment order will be effective for six (6) months, and can be renewed for six (6) more months for an additional fee. We have no obligation to notify you when your stop payment order expires. If you want to release a stop payment order, you must tell us in writing. If the check is presented for payment after a stop payment order expires, we may pay the check. In some cases, we may pay a check even if a stop payment order is in effect. For example, if we or another person or entity becomes a “holder in due course” of a check that you ask us to stop, we may still pay the check. When you place a stop payment order, you agree to indemnify us for all Losses we incur due to our refusal to pay the Item. You assign to us all rights against the payee or any other holder of the check. You agree to cooperate with us in any legal actions that we may take against these parties. Applicable Law may permit other limitations on our obligation to stop payments. Refer to Section 8 of this Agreement, “Electronic Funds Transfers,” for how to place a stop payment on electronic payments.

  • Stop Payment Order Request Any owner may request a stop payment order on any check or draft drawn on the owner’s account. To be binding, the order must be in writing, dated and signed, and must accurately describe the check or draft, including the exact account number, the check or draft number, and the exact amount of the check or draft. This exact information is necessary for the Credit Union’s computer to identify the check or draft. If we receive incorrect or incomplete information, we will not be responsible for failing to stop payment on the check or draft. In addition, we must receive sufficient advance notice of the stop payment order to allow us a reasonable opportunity to act on it. If we recredit your account after paying a check or draft over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to assign to us all of your rights against the payee or other holders of the check or draft, and to assist us in any legal action.

  • Entitlement Orders If at any time the Securities Intermediary shall receive any Entitlement Order from the Assignee-Secured Party with respect to the 2024-A Exchange Note Collection Account, the Securities Intermediary shall comply with such Entitlement Order without further consent by the Initial Secured Party or any other Person. If at any time the Assignee-Secured Party notifies the Securities Intermediary in writing that the Lien of the Indenture has been released and the 2024-A Exchange Note has been paid in full, the Securities Intermediary shall thereafter comply with Entitlement Orders with respect to the 2024-A Exchange Note Collection Account from the Initial Secured Party without further consent by any other Person. Notwithstanding anything to the contrary contained herein, if at any time the Securities Intermediary receives conflicting orders or instructions from the Assignee-Secured Party and the Initial Secured Party, the Securities Intermediary will follow the orders or instructions of the Assignee-Secured Party and not the Initial Secured Party.

  • Daily Order Confirmation All Agreement purchase orders will be approved daily by TIPS and sent to vendor. The vendor must confirm receipt of orders to the TIPS Member (customer) within 24 business hours. • Vendor custom website for TIPS: If Vendor is hosting a custom TIPS website, then updated pricing must be posted by 1st of each month.

  • Court Order Upon the County’s receipt of an order issued by a court having jurisdiction over a Contract Agency’s inmate, transport will be according to the terms expressed in the court order, or by the Contract Agency or the County pursuant to Section 6 above.